Eligibility

• Indian National above 18 years of age

Facilities

• NO requirement of any minimum Balance
• 1 FREE Cheque Book in a financial year
• Unlimited number & value of deposits in the account
• RuPay ATM and Debit Card with daily cash withdrawals of Rs. 25,000/-
• Passbook
• NEFT /RTGS
• SMS Alerts
• IMPS (Mobile App)
• Internet Banking (View only)

Minimum Balance

N.A.

Other Information

• Additional Cheque book (exceeding 1) for the financial year will be Rs.2/- per leaf (only one cheque book will be issued at a time)
• 5 free debit transactions per month
• 4 free cash withdrawals per month inclusive of ATM withdrawals at own Bank/ other Banks
• Receipt/credit of money through any electronic channel or by means of deposit / collection of cheques drawn by central/state Govt agencies and departments
• Debit Transactions exceeding the permissible limit - charges @ Rs.10.00+ STC per debit transactions.
• Holders of ‘Basic Savings Bank Deposit Account’ will not be eligible for opening any other savings bank deposit account in that bank. If a customer has any other existing savings bank deposit account in that bank, he /she will be required to close it within 30 days from the date of opening a ‘Basic Savings Bank Deposit Account’.
• Account Closure Charges:
  Within 14 days - No charges
  Above 14 days to 6 months: Rs. 100/-